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Ross Murray
Director of Acumen Accountants
Explore our blogs and articles for expert advice on accounting and bookkeeping.
Cash basis accounting records income when received and expenses when paid. Learn how this method works, including examples, benefits, and limitations.
Learn more about accounts receivable (AR), how it's reflected on your balance sheet, and the role AR plays in your business’s financial health.
Learn about petty cash, how it works, and key features of petty cash accounting. Then, discover best practices to manage petty cash effectively.
General ledger reconciliation matches GL balances with records and tracks account changes over time. Explore why the GL reconciliation process matters.
Learn what accrued expenses are and how they differ from accounts payable. Then, find out how to keep your books accurate by recording accruals correctly.
What is cash flow forecasting, and why is it important for managing your finances? Learn how to forecast and plan business operations effectively with Sage.
The general journal and general ledger are essential in accounting, but what’s the difference between them? Learn how they function to keep your records accurate.
Effective medical practice and healthcare financial management, including budgeting, planning, and reporting, can improve your financial stability and patient care.
